Looking for land, Thai food tycoon finds wine country

Though he arrived looking for property development opportunities, grapes turned out to be the most promising business for Chen Deqi, owner of Ningxia Daylong Winery Co.

A subsidiary of his Daysun Group based in Bangkok, Thailand, he has put five years and 800 million yuan ($130 million) in the winery.

In China, he also runs food and real estate businesses. But he's concentrating on Ningxia's grapes after he found their extraordinary qualities.